Vladimir Drinkman, a Muscovite charged in the biggest data-breach prosecution in U.S. history, pleaded not guilty to federal charges that he conspired to steal 160 million credit card numbers. Collection & Credit Risk
Complaints filed with the Consumer Financial Protection Bureau in 2014 totaled 39,185, a number that should rise by a few hundred as the totals are refined in the coming weeks. Collection & Credit Risk
After 2014's sweeping reforms, which put huge strain on lenders' operations, 2015 may not look so bad. But big potential changes still loom News
In the U.S., 1.7% of credit card accounts are more than 30 days past due, which includes people who have let their bills go unpaid for more than 60 and 90 days, according to new data. Collection & Credit Risk
Staples Inc., the worlds largest office-supply chain, is investigating a potential breach of customer credit-card data, becoming the latest retailer to confront a threat from hackers in recent months. Collection & Credit Risk
Sears' Kmart discount chain, the latest victim of hacker attacks on retailers, said it detected a security breach this week and is investigating the incident with law enforcement officials. Collection & Credit Risk
Last year, we released a web-based tool that provides the public with easier access to mortgage data for 2007 through 2012. Today, we’re updating the database with 2013 data, in coordination with the Federal Financial Institutions Examination Council. What’s HMDA? The Home Mortgage Disclosure Act or HMDA requires many financial institutions to maintain, report, and [...]
Yesterday, Home Depot confirmed that there has been a breach of its payment data systems. According to the company, the breach could potentially impact any customer that has used their card for payment at a Home Depot in the U.S. or Canada since April 2014. Here’s what you can do to protect yourself if you [...]
AB Acquisition LLC, an Idaho-based company that owns and operates several supermarket chains, reported confirmed that customers' credit and debit card data may have been compromised in a data breach. Collections - Credit Card
Analytics of consumer payments data has transformed the ways credit card companies understand and engage their customers and prospects. Collections - Credit Card
